Picks for 2026-07-13

1. HBMHudbay Minerals Inc.

   HBM (Hudbay Minerals Inc.) is experiencing downward pressure today, despite recent positive news. The company received approval in late June 2026 from Peru's SENACE to expand the Constancia mine's processing capacity, which should boost long-term copper production. Additionally, Hudbay announced record Q1 2026 results in May and priced an offering of municipal bonds in June to fund its Copper World project. The stock is currently trading below its 20-day and 50-day moving averages, indicating a bearish short-term trend.

   5-day return -0.14% · +0.80% vs SPY · beat SPY

2. NIONIO Inc.

   NIO is seeing a boost today after Goldman Sachs upgraded the stock from Neutral to Buy, citing expectations for strong volume growth, a premium margin profile, and a significant profit and free cash flow turnaround in 2026. This upgrade follows Nio's strong June delivery numbers, which saw a 62.9% year-over-year increase across its brands, and better-than-expected first-quarter earnings. The analyst noted that Nio's shares are currently undervalued compared to peers, despite the company's improving fundamentals and successful new model launches like the ES8 and ES9.

   5-day return -2.43% · -1.49% vs SPY · lagged SPY

3. GOOGAlphabet Inc.

   Alphabet (GOOG) is facing a mixed setup today, with the stock trading below its target and near support, alongside a "death cross" technical signal. However, analysts remain largely bullish, with Zacks Research upgrading the stock to "strong-buy" on July 9th, citing strong Q1 earnings that beat estimates and continued growth in Google Cloud and AI infrastructure spending. Investors are also looking ahead to the company's Q2 earnings report on July 22nd, with optimism fueled by strong Q1 performance and accelerating cloud growth. Geopolitical tensions, specifically the renewed U.S. blockade on Iran, are causing broader market jitters, with tech stocks feeling the brunt of the selling today.

   5-day return +0.20% · +1.14% vs SPY · beat SPY

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